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4//SEC Filing

MTS SYSTEMS CORP 4

Accession 0001179110-14-017735

CIK 0000068709operating
View on SEC.govCompany Profile

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 4:30 PM ET

Size

17.2 KB

Accession

0001179110-14-017735

Insider Transaction Report

Form 4
Period: 2014-12-03
MTS SYSTEMS CORPMTSC
Losee Mark
Sr. VP & Chief Info Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2014-12-04+396→ 732 total
  • Award

    Performance Restricted Stock Unit

    2014-12-03+323→ 323 total
    → Common Stock (323 underlying)
  • Award

    Employee Stock Option

    2014-12-03+3,981→ 3,981 total
    Exercise: $66.98Exp: 2021-12-03→ Common Stock (3,981 underlying)
  • Award

    Performance Restricted Stock Unit

    2014-12-03+324→ 324 total
    → Common Stock (324 underlying)
  • Award

    Performance Restricted Stock Unit

    2014-12-03+323→ 323 total
    → Common Stock (323 underlying)
  • Tax Payment

    Common Stock

    2014-12-04$66.93/sh−134$8,969→ 598 total
  • Exercise/Conversion

    Employee Restricted Stock Unit

    2014-12-04−396→ 790 total
    → Common Stock (396 underlying)
Footnotes (7)
  • [F1]Each Restricted Stock Unit was the economic equivalent of one share of the issuer's common stock. The Restricted Stock Units were settled for an equal number of shares of the issuer's common stock.
  • [F2]Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
  • [F3]The Restricted Stock Units vest in three equal installments beginning on December 4, 2014.
  • [F4]The Restricted Stock Units vest in three equal annual installments beginning on December 3, 2015.
  • [F5]Each Performance Restricted Stock Unit (PRSU) represents performance at Target of Return On Invested Capital. The PRSUs earned will be interpolated from 75% to 125% of the Target. The PRSUs vest on December 3, 2015.
  • [F6]Each Performance Restricted Stock Unit (PRSU) represents performance at Target of Return On Invested Capital. The PRSUs earned will be interpolated from 75% to 125% of the Target. The PRSUs vest on December 3, 2016.
  • [F7]Each Performance Restricted Stock Unit (PRSU) represents performance at Target of Return On Invested Capital. The PRSUs earned will be interpolated from 75% to 125% of the Target. The PRSUs vest on December 3, 2017.

Documents

1 file

Issuer

MTS SYSTEMS CORP

CIK 0000068709

→
Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000068709

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 4:30 PM ET
Size
17.2 KB
View on SEC.gov